Lithuania

The Lithuanian Electronic Money Institution (EMI) license is reviewed and supervised by the Central Bank of Lithuania (BoL) in accordance with the law。After the licensed institution completes the notification procedure to BoL，Available at 27 EU and European Economic Area (EEA) member states legally carry out electronic currency issuance、Services such as payment accounts and SEPA transfers。Statutory application requirements include：35Minimum paid-in capital of 10,000 euros、100% Customer funds physical isolation (Safeguarding) mechanism、Setting up a local limited liability company (UAB)，and localization of senior management (core directors must be resident in the EEA)。at present，Includes Paytend、A number of overseas Chinese companies, including IBS (International Business Settlement), have successfully obtained the license and established European business hubs here.。Hong Kong Huitong provides coverage for Lithuanian corporate establishment、Penetrating due diligence counseling for important shareholders、Legal agency services for business plan preparation and BoL regulatory interview agency。

Lithuanian Crypto Asset Service Provider (CASP)，Formerly known as VASP) is jointly supervised by the Central Bank of Lithuania (Lietuvos bankas) and the Financial Crime Investigation Bureau (FNTT)。Authorizes licensed entities to legally carry out cryptocurrency and fiat currency exchanges in Lithuania and the EU、Legal business such as trusteeship and trading platform operation。Hong Kong Huitong provides application entities with coverage of Lithuanian Closed Joint Stock Company (UAB) establishment、Resident AML Compliance Officer Configuration、UBO penetrating legal currency fund traceability and full-case legal agency services in response to substantive review by the Central Bank of Lithuania。